Thank you both for the excellent advice!

Seeking advice from a local real estate agent or financial adviser may also prove beneficial, as they may offer valuable insights into the unique market dynamics and investment prospects in Philadelphia and Los Angeles.

Any tips or advice would be great, Thank you!

s advice here!

I had a plumber replace all the drain lines at one of my homes. There were daily issues and when they didnt complete the job, nor complete it properly I went to his office to complain. They didnt know who I was. Appar...

My wife and I previously owned real estate in our joint names in both Florida (where we currently reside) and in Virginia (where we previously reside)Following ur research and some legal advice, we established two trusts (one in each of our names) and also two LLCs one for all the properties in Virginia and the other for all the properties in Florida.We have deeded all the properties in Florida into the Florida LLC, but we have not done so yet for the Virginia LLC.

Hello, and thank you for all the helpful advice.

I know the obvious answer is to keep educating, but I knew I learned best diving right in and so I really experienced the good and bad of real estate investing firsthand.With this said, any advice on how to proceed with decent liquidity?

A Lot of great experience and advice to be had on these forums.

But where I am, I wouldn't do that unless I had an "attorney sit down" first and have him examine the documents and give advice.